News

The FTA may exempt a Person from registration, but not payment of tax, if they can demonstrate that they will not regularly import Excise Goods. However, anyone who has been exempted from Tax Registration must immediately inform the Authority of any changes to his/her circumstances that would make them subject to tax, and they must do so within the allotted ...

DUBAI / WAM Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has announced a strategic collaboration with GITEX Future Stars to launch the first-ever Dubai Tourism Start-Up Competition – Futurism, inviting bright minds and innovators from around the world to submit ideas and business plans that will further revolutionise the city’s travel and tourism sectors. The competition is in ...

Abu Dhabi / Emirates Business Tadweer (Waste Management Center – Abu Dhabi) has signed a joint cooperation agreement with Al Mussafah Municipality, through which the two sides will cooperate to use Abu Dhabi Factory Fertilizer products in the total area of agricultural assets estimated at 905,000 square meters of more than 110,000 palm trees, trees and other shrubs, as well ...

ABU DHABI / WAM The Security, Justice, and Safety Committee of the Executive Council of Abu Dhabi, under the chairmanship of Major General Dr Nasser Lakhrebani Al Nuaimi, reviewed the latest updates on combating and countering the spread of false commercial licences and closed shops, as well as the results of the work team’s studies conducted in this respect. The ...

DUBAI / Emirates Business Invest Group Overseas (IGO), a Dubai-based developer of superior residential assets, launched the mega residential development IGO 101 and announced its commitment to invest in projects valued at more than AED2 billon leading up to 2020. With construction to begin in December 2017, IGO 101 is scheduled for completion in Q4 2020. As a privately-held creator ...

DUBAI / WAM Tech-focused entrepreneurs, start-ups, SMEs and leaders are now able to give full vent to their potential at FinTech Hive at DIFC, the first-of-its-kind accelerator in the region, which announced on Monday the commencement of its inaugural accelerator programme. The initiative features 11 finalists and brings together an emerging generation of technology leaders and entrepreneurs to address the ...

DUBAI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Board of Directors of the Sheikh Zayed HousingProgramme, has signed two contracts on the construction and maintenance of the Al Montazi Residential Complex in the Mohamed bin Zayed Region of Ajman, valued at around AED1 billion, with the China State Construction Engineering ...

ABU DHABI / WAM The UAE Space Agency has discussed means of joint cooperation with the Ministry of Climate Change and Environment during a meeting between high-level Space Agency delegates and the Minister of Climate Change and Environment. Discussions included the possibility of providing data on local and international environmental issues as well as exchanging knowledge and expertise in relevant ...

Dubai / WAM Dubai Land Department (DLD) held a ceremony in honour of the first generation of real estate brokers who were the earliest supporters of the emirate’s property market and have played a fundamental role in boosting activity in this sector. Sultan Butti bin Mejren, Director-General of DLD, was present at the event organised by the Real Estate licensing ...

DUBAI / Emirates Business The Dubai Airport Freezone Authority (DAFZA) recently issued a comprehensive halal industries guide as part of its initiatives to contribute to Dubai’s vision of becoming the capital of the Islamic economy for 2017-2021. The first-of-its-kind guide titled ‘Dubai: The Global Gateway to Halal Industries’ describes Halal products in different sectors, highlighting several investment opportunities for foreign ...